Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
http://twitter.com/wrbtrader (24/7)
##TheStrategyLab (located on the Freenode IRC network) is
free along with being a serious professional trading chat room for traders using
WRB Analysis (e.g. Contracting Volatility, WRBs, WRB Hidden GAPs, WRB Zone, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility, WRB Zone, R area of WRB Zone, S area of WRB Zone) by itself or merged with other trade methods to improve the performance of those other trade methods regardless if you're a
position trader, swing trader or day trader. Therefore, you're welcome to use the chat room to ask questions about WRB Analysis, post real-time
price action trading analysis involving WRB Analysis merged with your own trade methods, post real-time trades or talk about general market issues impacting today's price action involving stocks, futures, exchange traded funds or forex currencies. In addition, we welcome all traders (beginners, experience, part-time, full-time) that are merging WRB Analysis with their trade methods or using WRB Analysis to
help develop a better understanding of the price action
(market context) they're trading.
##TheStrategyLab chat room is is primarily designed for you to use as a
trade journal of your WRB Analysis or real-time trades with time stamp archive....giving you a better understanding of your broker statements from one trade to the next trade when you review your performance numbers on any given trading day in the past. Therefore, if you use our chat room...its
highly recommended you post messages that reflect what you see in the price action on your monitors so that the chat room becomes your
diary to correlate with your broker statements. Therefore, the usefulness of ##TheStrategyLab chat room is determined via
your participation in the chat room.
Also, ##TheStrategyLab chat room is
not designed to be
educational. Simply, members using the chat room are
not there to teach you how to trade and you will
not see me discussing the reasons (strategies) behind my trades within ##TheStrategyLab chat room because those reasons (strategies) are
only discussed with fee-base clients in a different chat room. Yet, if you want ##TheStrategyLab chat room to be educational or more active in discussing whatever it is that you're trading, we highly recommend that you ask trading related questions about your own trading instead of lurking (not saying anything) because your primary purpose is to improve your trading if you're a struggling trader. Therefore, don't join ##TheStrategyLab and then be
silent. To be silent while using ##TheStrategyLab chat room, you'll be wasting a collaboration opportunity for improving your trading and doing such will make ##TheStrategyLab chat room useless to you.
Quote:
The chat room is only for traders learning or applying concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are required to post either one WRB Analysis price action commentary involving any key concept from the free study guide, one real-time trade or one general trading related commentary per day they log-in to the chat room. Yet, if the trader decides to post real-time trades (simulator or real-money)...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently log-in and not post any price action commentary involving WRB Analysis or post ambiguous trades will be KICKED (removed) from the chat room.
With that said, thanks for reading the trades, price action analysis or market commentaries that's below and we highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful market context information that's critical to understanding
price action trading. To qualify for access to our free ##TheStrategyLab chat room that's located on the Freenode IRC network...please follow the instructions at the TSL Support Forum
@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 ##TheStrategyLab Archive Chat Logs Attachment:
100115-Key-Price-Action-Markets.png [ 1.17 MiB | Viewed 369 times ]
click on the above image to view today's price action of key markets Session Start: Thu Oct 01 09:35:36 2015
Session Ident: ##TheStrategyLab
[09:35:36] * Now talking in ##TheStrategyLab
[09:35:36] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[09:35:36] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:35:36] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:37:11] <lightenup> TF and NQ have filled the gap
[09:38:22] <wrbtrader> Good morning all...new day and new month (October)
[09:38:38] <Corner> Good morning
[09:38:41] <lightenup> Good morning
[09:42:11] <patrader> Hi all
[09:42:38] <wrbtrader> Hi patrader
[09:43:50] <patrader> Hi wrbtrader
[09:43:57] <Tigerman____> sell pressure on e-minies
[09:54:21] <Tigerman____> up trend is fast charts but a bit confusing
[09:54:48] <Tigerman____> few minutes to 10am Kme
[09:55:50] <Tigerman____> amazing how thin is e-mini ES these days
[09:55:58] <Tigerman____> as liquidity
[10:00:04] <lightenup> All e miniis have now filled gap
[10:14:20] <Tigerman____> today lot of trades
[10:14:32] <Tigerman____> issue is commissons !!!
[10:14:57] <Tigerman____> just gain what I give with commissions
[10:15:17] <Tigerman____> please give a seat on Cme
[10:38:47] <Tigerman____> terrible action right now
[10:39:00] <Tigerman____> price stuck in mid today gap
[10:52:40] <Corner> Mhhh. I see tails and overlap.
[11:02:06] <TradeSnake______> Short GC @ 1114.0
[11:02:42] <TraderCraig> 2 min ES. Shorted twice on WRB breaks. Stopped both. Done trading. Missed current short move. Hit daily
[11:02:49] <TraderCraig> loss goal
[11:07:41] <Corner> Should have traded DAX instead. Downhill all day...
[11:47:49] * ChanServ sets mode: +o wrbtrader
[11:47:59] <@wrbtrader> WRB Analysis -> - Chat room for day traders, swing traders, position traders using concepts from WRB Analysis such as contracting volatility, key market event (KME), reaction high/low, WRB, WRB Hidden GAP, WRB Zone, WRB pt levels to help improve understanding of the price action their trading and/or improve the performance of their trade signal strategies while price action trading. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... =119&t=718 or
http://www.scribd.com/wrbtrader [11:52:05] <@wrbtrader> Only Emini TF futures isn't stuck in a trading range amongst the other Emini futures
[11:53:13] <@wrbtrader> although Emini YM is currently below today's initial range
[11:55:26] <@wrbtrader> Emini ES now increasing volatility...below its most recent contracting volatility S area
[11:56:01] <@wrbtrader> Shorts Emini ES @ 1894.50 -> large size
[11:56:17] <@wrbtrader> 10 contracts
[11:56:46] <winmax60> short es@1895.25
[11:59:09] <Tigerman____> I exit here
[11:59:16] <Tigerman____> take care see next time
[11:59:36] <@wrbtrader> more chop
[12:00:01] <@wrbtrader> Covered all Emini ES Short @ 1895.50 --> - 1
[12:00:21] <@wrbtrader> Shorts Emini ES @ 1895.50 -> large size
[12:00:28] <@wrbtrader> re-entry
[12:00:31] <@wrbtrader> still choppy
[12:01:49] <@wrbtrader> Covered all Emini ES Short @ 1894.25 --> + 1.25
[12:02:02] <@wrbtrader> just churning in the chop
[12:03:59] <@wrbtrader> Shorts Emini ES @ 1895.00 -> large size
[12:04:43] <@wrbtrader> The price action is contracting more near the S area of the most recent Down WRB Hidden GAP interval
[12:05:21] <@wrbtrader> WRB pt1 reached
[12:06:05] <winmax60> exit @1893.25 +2
[12:07:06] <@wrbtrader> Covered all Emini ES Short @ 1891.25 --> + 3.75
[13:33:40] <TradeSnake______> Covered GC @ 1113.5 --> +0.5
[14:23:56] <@wrbtrader> Shorts Emini ES @ 1903.50 -> small size
[14:24:15] <@wrbtrader> 3 contracts
[14:25:21] <@wrbtrader> I took it easy in my trading yesterday (two trades) and today (4 trades)...
[14:25:43] <xtrader34_> :-)
[14:25:54] <lightenup> E minis testing the up WRBHG 2
[14:25:56] <@wrbtrader> I was going to push some size but the volatility just wasn't there when I expected it to be.
[14:26:18] <lightenup> ;2:07
[14:26:22] <@wrbtrader> Thus, I'm a little disappointed by the volatility and decided to just take it easy and re-energize
[14:27:03] <xtrader34_> Had some good volatility to the downside earlier
[14:28:50] <@wrbtrader> Covered all Emini ES Short @ 1903.25 --> + 0.25
[14:29:39] <@wrbtrader> Yeah, I saw that when I got back...too bad I missed it.
[14:29:51] <@wrbtrader> Take care all and see all tomorrow
[14:29:58] <xtrader34_> you too
[15:56:51] <patrader> see everyone tomorrow
Session Close: Fri Oct 02 00:00:00 2015
-------------------------
##TheStrategyLab (located on the Freenode IRC network) is
free and is a serious professional trading chat room involving
WRB Analysis in which any trader
(position trading, swing trading, day trading) can use the chat room to post their trades or commentaries about stocks, futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a
price action trader (no indicators) because some members use indicators while others do not. Yet, the only requirement is that you want to learn
WRB Analysis.
Therefore, we welcome
all traders that want to learn about
WRB Analysis regardless if they are beginners or experience traders in
price action trading.
The purpose of ##TheStrategyLab is that it's designed to be a
trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.
Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others because sometimes the answers contains useful trading tips.
In addition, our primary job in the
free chat room is to moderate the room (keep the peace) because with so many members using different trade signal methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a
spam free chat room during trading although these archived chat logs may contain advertisements for guest visitors.
Commonly discussed trading instruments from stocks, futures, exchange traded funds and forex currencies:
CME Emini Futures EMD, ES and NQ
ICE Emini TF Futures (formerly CME ER2)
CBOT mini-sized Dow Futures YM
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz
Euronext Futures FTSE-100 and CAC-40
CME Futures EuroFX 6E and EC
Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB
Forex Currencies Gbp/Usd, Eur/Usd, Eur/Yen, Usd/Cad, Xau/Usd and Xag/Usd
Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD
NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
S&P CNX NIFTY Futures
Hang Seng Index Futures HSI and mini-Hang Seng MHI
Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or
price action only trade signals via concepts from our strategies in the
private chat rooms called
##VolatilityTradingTSL or
##WRB_Analysis and they're not allowed to do such in ##TheStrategyLab.
Reminder, our
Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that ##TheStrategyLab is a serious professional
price action trading chat room and we expect members to act
professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.
Note: chat logs saved (timestamp) from Québec, Canada in eastern daylight time Best Regards,
M.A. Perry
Trader and Founder of
WRB Analysis (wide range body/wide range bar analysis)
Price Action Trading
@
http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.comGo Back To TheStrategyLab.com Homepage